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Startup Tips From College Dropouts: Zuckerberg, Jobs, Gates, Dell, Ellison, Branson and Disney

InfoChachkie

For many entrepreneurs, college has little appeal. Academia’s arbitrary, bureaucratic structure, combined with its predominant focus on theoretical issues, causes many entrepreneurs to depart college early. Entrepreneurs are misfits. Others, such as Walt Disney and Richard Branson never even enroll.

Tips 279
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What Makes a Great Independent Board Member?

Both Sides of the Table

When an entrepreneur takes on investors who take equity (i.e. The board is where large equity investors get their representation. I really like it when independent directors write a check into the company. That way somebody who writes $25,000 gets $50,000 worth of stock plus warrants. obviously make an exception.

Startup 187
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7 Plan Elements That Separate Businesses From Hobbies

Startup Professionals Musings

Unless you are a serial entrepreneur with a string of successes behind you, you need a business plan to convince investors that you can build a business out of the dream that has been driving your passion to change the world. An entrepreneur who can’t manage a plan, probably won’t be able to manage the new business.

Startup 65
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Why you should never have a data room — the most counter-intuitive fund-raising advice you’ll ever…

Both Sides of the Table

If you’ve got the skills to be a strong entrepreneur then it shouldn’t be too difficult to find people who know a partner at a VC firm and if you can build relationship with them you can get introduced. Most entrepreneurs (and VCs raising from LPs) think this means progress. Entrepreneur : “Sure. Some people find this elitist?—?I

Funding 336
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Top 120 Startup Posts for 2010

SoCal CTO

Grade A Entrepreneurs , September 5, 2010 Why Krispy Kreme failed in Australia - Start Up Blog , November 3, 2010 Mellow Johnny’s: Retail Stores as Community Hubs - IDDICTIVE.COM , July 14, 2010 Is crowdfunding an option for my business?

Startup 378
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Startup Due Diligence Is Not a Mysterious Black Art

Startup Professionals Musings

After you have successfully attracted angels or venture capital with your business case, your million dollar product idea, and you have a signed term sheet, there is still one more hurdle to overcome before investors write the check. This is the dreaded “due diligence” process. For small teams, every team member will likely be interviewed.

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How Many Investors Should You Talk to in a VC Fund Raise? And How Do You Prioritize?

Both Sides of the Table

If you’re raising a round where a new lead investor would invest $5 million the VC fund must have no less than $100 million and if you’re looking for them to write $15–20 million as the lead their fund realistically should be at least $400 million. Remember, I was an entrepreneur for 10 years before a VC).